Invesco Dorsey Wright Energy Momentum ETF
33 hedge funds and large institutions have $28.5M invested in Invesco Dorsey Wright Energy Momentum ETF in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 15 reducing their positions, and 17 closing their positions.
15.9% less ownership
Funds ownership: 56.47% → 40.56% (-16%)
28% less funds holding
Funds holding: 46 → 33 (-13)
53% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 15
76% less capital invested
Capital invested by funds: $118M → $28.5M (-$89.4M)
76% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$437K |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$316K |
| 3 |
KM
Kalos Management
Alpharetta,
Georgia
|
+$298K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$237K |
| 5 |
CC
Cypress Capital
Franklin,
Tennessee
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$20.1M |
| 2 |
Morgan Stanley
New York
|
-$15.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$7.03M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$6M |
| 5 |
LPL Financial
San Diego,
California
|
-$5.04M |
PXI Hedge Fund Activity: Q3 2021 in Review
33 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Energy Momentum ETF (PXI) for Q3 2021, worth a combined $28.5M — down 76% from $118M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PXI and 4 opened new positions — a net loss of 13 holders — while 15 trimmed existing stakes and 7 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $437K. The largest seller was HighTower Advisors, exiting entirely with an estimated $20.1M sold.
- 33 institutional investors held Invesco Dorsey Wright Energy Momentum ETF (PXI) as of Q3 2021, down from 46 in Q2 2021.
- Funds reported $28.5M of Invesco Dorsey Wright Energy Momentum ETF stock for Q3 2021, down 76% quarter-over-quarter.
- 4 funds opened new Invesco Dorsey Wright Energy Momentum ETF positions in Q3 2021 and 17 closed out, a net change of -13 holders.
- The largest Invesco Dorsey Wright Energy Momentum ETF buyer in Q3 2021 was Tower Research Capital (TRC), an estimated $437K added.
- The largest Invesco Dorsey Wright Energy Momentum ETF seller in Q3 2021 was HighTower Advisors, an estimated $20.1M sold.
Based on aggregated 13F filings for Q3 2021.